housing
Housing in Prague is among the least affordable in all of Europe. For our generation, over a lifetime this means expenses that add up to as much as several million more. The cause, in my view, is pretty straightforward: low supply on the market combined with high demand has caused a steep rise in prices. This happened primarily because of complicated bureaucratic processes in building permit procedures, inefficient zoning plans and the NIMBY phenomenon, which actively prevents new construction (not only) in Prague. These are the things that need to change so that we have affordable housing
